India, April 13 -- Main high street rentals surged across locations with Delhi's Connaught Place witnessing a 14% annual increase for retail spaces during the January-March period, while upscale high street location Khan Market saw a 7% rise on the back of strong demand from retailers, according to Cushman & Wakefield.

Main street rentals surged across key locations, with Galleria Market (Gurugram) witnessing a 20% growth y-o-y, Connaught Place (14%), Khan Market (7%), and Sector 29, Gurugram (12-15%), while South Extension and Rajouri Garden remained stable, it said.

According to Cushman & Wakefield data, the leasing of retail space in shopping malls and high streets in Delhi-NCR increased 57% in January-March this year to 4.08 lakh sq...